ExxonMobil surpasses Q1 profit forecasts, shares rise

15:47 - 1.05.2026


May 1, Fineko/abc.az. Shares of Exxon Mobil Corporation rose nearly 1.5% in premarket trading after the company reported better-than-expected first-quarter results.

ABC.AZ informs that adjusted earnings per share reached $1.16 against a forecast of $1.03, and revenue reached $85.14 billion against an expected $81.24 billion.

Net income for the quarter was $4.2 billion, while cash flow from operating activities was $8.7 billion. The company also sent $9.2 billion to shareholders through dividends and share buybacks.

The growth was supported by strong results from the mining segment, especially in Guyana and the Permian Basin, as well as record oil production and expanded LNG exports.